NWGL

Board Resignations: Nature Wood Group Limited announced the resignation of several key executives, including the Director and Chairman, Chief Financial Officer, and Chief Executive Officer, effective November 3, 2025, with no disagreements cited as the reason for their departures.

New Appointments: The company appointed Ms. Liying WANG as the new Director and Chief Executive Officer, Ms. Hong WANG as the Chief Financial Officer, and Mr. Zhilin CAI as Chief Strategy Officer, all effective November 3, 2025.

Leadership Backgrounds: Ms. Liying WANG has six years of experience in corporate management and media, Ms. Hong WANG has seventeen years in corporate finance, and Mr. Zhilin CAI has thirteen years in enterprise management and strategic planning.

Company Overview: Nature Wood Group Limited is a leading vertically-integrated forestry company involved in timber and wood products, with operations spanning forest management and wood processing, and is a major exporter of wood products in Peru.

Change in Controlling Shareholder: Nature Wood Group Limited announced a change in its controlling shareholder following the completion of a private transaction on October 22, 2025, where approximately 86.82% of the company's shares were transferred to TUTU Business Services Limited and associated individuals.

Details of the Transaction: The share transfer involved 114,974,179 ordinary shares and was executed through a private sale of existing shares, with the company not issuing any new shares or being a party to the Share Purchase Agreement.